at Allianz
OtherPosted 2 months ago
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Join Allianz Commercial as a Reverse Flow Liability Underwriting Specialist in the US market. You will underwrite the US portion of International Insurance Programs, handling Primary General Liability and Umbrella/Excess Liability, and manage a book of business originated from assigned foreign countries in support of Global Master Programs. The role involves underwriting new and renewal Reverse Flow Liability Middle Market business, negotiating pricing and terms with overseas underwriters and US brokers, and collaborating with risk consultants, product development and claims to craft client solutions. You’ll also drive broker relationships, support global programs with colleagues across the globe, and contribute to strategic initiatives that impact Reverse Flow Liability results.
- Compensation
- $123,000 – $165,000 USD
- City
- Los Angeles, Chicago, New York City
- Country
- United States
Currency: $ (USD)
Full Job Description
Description
We are looking for a Reverse Flow Liability Underwriting Specialist in Los Angeles, Chicago, New York, Alpharetta or OFallon
Your Team
The North American Reverse Flow Liability team offers a wide range of global insurance solutions for multiple risks in multiple locations. We serve a diverse client list, which includes but is not limited to, manufacturers, distributors, service providers, technology and construction companies.
The Impact You Will Have
Reporting to the Practice Leader, Reverse Flow Liability, you will join the team as a Reverse Flow Liability Underwriting Specialist responsible for underwriting the US portion of International Insurance Programs, with the ability to manage a book of business originating from assigned foreign countries in support of Allianz Commercial Controlled International Master Programs. You will underwrite the US placement of the Primary General Liability and Umbrella/Excess Liability.
Some of your specific responsibilities could include:
Underwriting profitable new and renewal Reverse Flow Liability Middle Market business.
Negotiating pricing and terms and conditions with overseas Underwriters/Producers and US
Brokers, ensuring utilization of global and local pricing and tracking tools and legal requirements.
Driving marketing initiatives and building strong, collaborative relationships with our brokers by providing excellent customer service, technical knowledge and support.
Executing on global insurance programs by partnering with Allianz MidCorp colleagues across the globe.
Developing creative solutions to our clients problems by collaborating with Risk Consultants, Product Development and Claims.
Driving and participating in key projects around the business which impact Reverse Flow Liabilitys results.
What Youll Bring to the Role
A minimum of 5 years of experience underwriting profitable Liability/Reverse Flow business;
Ability to build and foster relationships internally across the organization and externally with our broker partners;
Outstanding technical skills with ability to analyze complex data/information from multiple sources;
Strong Excel and mathematical skills;
Ability to express ideas and messages clearly, both written and verbally;
Strong thought leadership skills with the ability to persuade and motivate others to act;
Experience working globally and an ability to speak a foreign language preferred;
Proficiency in utilizing AI tools to support day-to-day tasks, enhance efficiency, and contribute to data-driven decision-making; and
Bachelors Degree, preferably in Economics, Finance, Insurance Management or Business Administration.
External applicants must be legally authorized to work in the United States without the need for current or future employment-based sponsorship. We are unable to sponsor or take over sponsorship of employment visas at this time, nor can we guarantee future sponsorship.
The annualized base pay range for this role is $123,000 - $165,000. The annual base salary range represents a nationwide market range. The actual salary for this position may be above and will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate. The base pay is just one component of the AzC total compensation package. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards.
89521 | Underwriting | Professional | Allianz Commercial | Full-Time | Permanent
Whats in it for you?
Lets care about everything that makes you, you
We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.
Lets care for your financial wellbeing
We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.
Lets care for your opportunities to progress
From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.
Lets care for lifes twists and turns
From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back.
Lets care for our society and our planet
With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.
Care to join us?
Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling. Allianz Commercial helps customers to prepare for what's ahead.
Learn more about careers at Allianz Commercial by clicking here.
Learn more about Allianz Commercial by clicking here.
At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matters, and nurtures a culture grounded in integrity, fairness, inclusion and trust.
We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.
Join us. Let's care for tomorrow.
People with disabilities:
We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email agcsglobalcareers@allianz.com
Recruitment Agencies:
Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly. Allianz Commercial does not accept unsolicited resumes from agency or search firm.Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies, we have a PSL in place, so please do not contact managers directly. Failure to comply could/may result in the disqualification of the candidates and/or the termination of our contract and/or fees not being paid.
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